Vendor Development Engineer

Job Description

If you are hiring for a Vendor Development Engineer Procurement Purchase, specifically for electronic/electrical component purchasing.

Responsibilities

• Identify, evaluate and develop new vendors for electronic, electrical and mechanical components.
• Handle end-to-end procurement of components such as ICs, semiconductors, resistors, capacitors, connectors, relays, SMPS, displays, sensors, PCB components, cables and other electronic parts.
• Develop alternate sources for critical and high-value components.
• Negotiate price, MOQ, lead time, payment terms and delivery schedules with suppliers.
• Obtain and compare quotations and prepare comparative statements.
• Coordinate with RD, Production, Quality and Stores for component requirements and specifications.
• Monitor supplier performance, quality, delivery and responsiveness.
• Evaluate and onboard vendors based on quality, cost, capacity and reliability.
• Maintain approved vendor lists and vendor documentation.
• Track purchase orders and ensure timely material delivery.
• Resolve issues related to short supply, quality rejection, delayed delivery and component replacement.
• Monitor market trends, component availability and price fluctuations.
• Develop local and international sources for electronic components.
• Maintain proper procurement records, MIS and supplier performance reports.

Preferred Skills

• Strong knowledge of electronic and electrical components.
• Experience in vendor development, sourcing and procurement.
• Good negotiation and supplier management skills.
• Ability to understand BOM, datasheets, part numbers and technical specifications.
• Knowledge of ERP/Purchase Management Software.
• Good communication and follow-up skills.
• Experience in an electronics manufacturing / industrial automation / electrical products company will be preferred.

Qualifications

• Bachelor s Degree / Diploma in Electrical Engineering, Electronics Communication Engineering, Electronics Engineering, Instrumentation Engineering
• Diploma holders with relevant procurement/vendor development experience can also be considered.

Competencies

• Vendor Development Supplier Management
• Strategic Sourcing Procurement
• Negotiation Cost Reduction
• Electronic Component Knowledge
• BOM Technical Specification Understanding
• Vendor Evaluation Qualification
• Alternate Vendor / Source Development
• Purchase Planning Follow-up
• Quality Delivery Management
• Market Research Price Analysis
• ERP / Procurement Software
• Cost Comparison Commercial Analysis
• Problem Solving Decision Making
• Communication Interpersonal Skills
• Cross-functional Coordination
• Time Management Follow-up
• Analytical Data Management Skills
• Relationship Management with Suppliers

Experience Requirements

• 1 to 5 years of experience required

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.